PURCHASE ORDER: BASIS FOR ESTABLISHING A CONTRACTUAL RELATIONSHIP

Foreword A purchase order (PO) is known as an official document outlining expectations between the supplier and the buyer in the purchasing process. A purchase order communicates exactly what you’re buying, how you want it produced, and how you want it shipped and handled. Effective purchase orders are absolutely needed when manufacturing abroad. A purchase… Continue reading PURCHASE ORDER: BASIS FOR ESTABLISHING A CONTRACTUAL RELATIONSHIP

SHIP ARREST IN SOUTH KOREA: CLAIM FOR HIRE UNPAID BY CHARTERERS

Foreword It is, unfortunately, not uncommon for charterers to fail to pay hire as agreed upon in the charter party agreement. When faced with such situations, Shipowners often resort to legal action to recover the unpaid hire from the Charterers. Legal action may involve various steps and considerations, one of which is the application for… Continue reading SHIP ARREST IN SOUTH KOREA: CLAIM FOR HIRE UNPAID BY CHARTERERS

SHIP COLLISION: RISK OF OIL POLLUTION

Foreword Oil pollution resulting from ship collisions is a pressing environmental concern that can have devastating effects on marine ecosystems and local economies. Collisions, particularly involving oil tankers, pose significant risks as they can cause the hull to rupture, leading to the catastrophic release of thousands, or even millions, of gallons of crude oil or… Continue reading SHIP COLLISION: RISK OF OIL POLLUTION

Establishing a Commercial Presence in Vietnam: What Foreign Marine Shipping Lines Need To Know

Vietnam presents a lucrative market for foreign shipping lines, offering opportunities to exploit freight routes to numerous countries and continents worldwide. The potential for foreign shipping lines to serve exporters and importers in Vietnam is substantial. We frequently receive inquiries from shipping lines about establishing a commercial presence in Vietnam, whether they are planning to… Continue reading Establishing a Commercial Presence in Vietnam: What Foreign Marine Shipping Lines Need To Know

DELIVERY OF CARGO WITHOUT SURRENDER OF BILL OF LADING – A POTENTIAL RISK

Facts of the case The shipping line, based on the House Bill of Lading issued by its agent in Vietnam, has delivered the goods to the buyer while not receiving the surrendered Bill from the buyer. Therefore, the seller has brought up a claim against the shipping line’s agent, which was actually at the shipping… Continue reading DELIVERY OF CARGO WITHOUT SURRENDER OF BILL OF LADING – A POTENTIAL RISK

UNEXPECTED SITUATIONS IN COLLISION DISPUTES: INCONSISTENCIES IN EVIDENCE

Foreword Over many years of engaging in litigation related to collisions, our legal team has encountered numerous unexpected situations with respect to the evidence presented by opposing parties in court. One particular case from four years ago involved a container vessel that, due to a lack of proper lookout, collided with a bulk carrier during… Continue reading UNEXPECTED SITUATIONS IN COLLISION DISPUTES: INCONSISTENCIES IN EVIDENCE